VOL. 123 | NO. 230 | Monday, November 24, 2008
About a week ago, a woman called Ellis Rankin, an associate broker at Crye-Leike Inc., about one of his advertisements offering help with lease/purchase transactions and rental homes.
The impact that the U.S. Treasury Department’s capital purchase program will have on the banking landscape in Memphis is coming more clearly into view.
ATLANTA (AP) – Nine days after announcing new overseas routes for 2009, Delta Air Lines Inc., the world’s biggest carrier, said in a regulatory filing Friday it plans to reduce future domestic and international capacity because demand for seats has slowed amid the global financial crisis.
Instead of relying solely on physician referrals, the sleep treatment company Opus Medical Management wants businesses to send fatigued employees to its clinics.
Citing the weak global economy and reduced, International Paper Co. has closed its pulp mill in northeastern Louisiana, terminating 550 employees.
MEMPHIS, Tenn. (AP) - A new federal study of the New Madrid Seismic Zone predicts Tennessee would see the highest level of damage if there is a 7.7 magnitude earthquake.
WASHINGTON (AP) - With no end in sight to economic bad news, President George W. Bush on Friday ensured that millions of laid-off workers will keep getting their unemployment checks as the year-end holidays approach.
OMAHA, Neb. (AP) - A survey of bankers suggests the rural economy is still faltering and that there is little confidence that conditions will be better in six months.
Boeing Co. may lay off some workers next year as part of an effort to cut costs in response to difficult market conditions and a slowing global economy, a company executive said.
DETROIT (AP) - General Motors Corp. will extend its holiday shutdown or make other production cuts at up to 10 factories as it deals with a continued U.S. auto sales slump and fights to stay solvent.
SEATTLE (AP) - As more Americans turn to charity amid worsening economic gloom, operators of food banks and other aid groups are relying on the surprisingly resilient generosity of their neighbors and finding that even when times are tough, people still give.
GREENWOOD VILLAGE, Colo. (AP) - Money-transfer agent Western Union Co. says it will eliminate some 200 jobs around the world, including management and staff, as a result of a "challenging economic environment."